2024-07-10 13:33:40 ET
Summary
- BlackRock, Inc.'s Q2 2024 earnings expected to show similar financial performance, making its premium valuation unattractive for long-term investors.
- Recent operating performance has been positive with rising assets under management, but limited organic growth prospects due to large size.
- Acquisitions of Global Infrastructure Partners and Preqin aim to boost business diversification and growth prospects, but increased leverage may impact shareholder returns.
BlackRock, Inc. ( BLK ) will report its Q2 2024 earnings on Monday, July 15th, and they are expected to show a similar financial performance compared to its recent history, making its premium valuation not particularly interesting for long-term investors....
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BlackRock: Q2 2024 Earnings Preview, Limited Upside Potential